EURUSD
The pair has reached a local maximum amid the closure of long USD positions prior to the Fed's meeting on the monetary policy. The expectations that the interest rates will remain unchanged put the US dollar under pressure. But the situation can change if the ADP data published today …
EURUSD
The pair has stopped above the support level of 1.0960 and has chances to either continue to rise amid the closure of some of the short positions or to fall, remaining in the narrow range of 1.0930-1.1025.
The price is higher than the middle Bollinger band, lower than SMA5, …
EURUSD
Friday's growth was followed by decline today upon the closure of a number of long positions after the publication of strong preliminary data on the 3rd quarter US GDP.
The price is higher than the middle Bollinger band, lower than SMA5, but higher than SMA 14. RSI has lowered. …
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